Follow this topic Q&A » Get the best deal

What should you do with your card receipts?

by ben 19 October 2009 |

5 comments | Love

Love 0 loves

I buy most things on debit/credit card so I have entries on my bank statements to keep track of where my money goes - the downside of this being that I get hundreds of card receipts. Currently they collect in boxes and bags all over my house and multiply like Tribbles.
What should I be doing with them? How long are you supposed to keep them? Why do some shops insist on giving you three different pieces of paper to record one transaction?

Report

Enjoyed this? Show it some love

Retweet

Comments (5)

Facebook

Twitter

General

Comments (5)

9

ndf9876 posted
Hi there,
From my own personal point of viewr, it largely depends on what I buy as to how long I keep the receipt.
For examle - last year, I bought a large LCD TV. The receipt is in with my Contents Insurance. Same with my Xbox and various items of furniture.
Last weeks' shopping was also paid for by card, and I chucked that receipt in the bin when I did my weekly wallet clearout!
With any purchase that I might need to check, or that is warrantied somehow, I do keep the receipt for the duration of the warranty. An Xbox game, for example, I might keep for a week or two so that I am satisfied the item is 'fit for purpose'.
Regarding the three seperate receipts - I would hazard a guess at card receipt, till receipt and VAT receipt.
Posted on 19 October 2009 | Love 2 loves Report
824

MikeGG1 posted
Ben
It really depends on the type of item it is. Many are just a card transaction voucher. I destroy them as soon as the statement containing them has been checked. They don't contain any more information than the statement.
However, those which are a combined receipt and card voucher and detail the item purchased are kept as long as needed for guarantee purposes. I put them in a 'receipts' drawer once I have checked my statement.
Receipts, I used to keep for the longer of 1 year or the manufacturers warranty. Since the European Directive, I keep them for a minimum of 2 years.
Mike
Posted on 19 October 2009 | Love 0 loves Report
9

Lol posted
Yeah, completely depends on what it is I've bought. For big expensive things I tend to keep them indefinitely. But if it's lunch I just stuff it in my wallet and throw them away in chunks every week or so.
Posted on 21 October 2009 | Love 0 loves Report
59

time2go posted
Sadly, I tend to keep receipts for most things, then destroy the grocery/restaurant ones after I receive my credit card bill.
Now (even sadder) I scan the receipts for the more expensive purchases...
[NOTE TO MYSELF- MUST GET A LIFE]
Posted on 22 October 2009 | Love 0 loves Report
1

kerri gt posted
Ohh, I now want to come round and categorise your receipts! I suggest that you keep them in different sections (perhaps 3 boxes?)
#1 for everyday receipts like grocery shopping etc - once you have checked those off your statement they can be destroye
#2 for things you might want to refer to later such as gifts bought for people (in case they want to return them for some reason) or small purchases (I needed to find a receipt for a watch battery that lasted under a year)
#3 for big purchases like TVs, household goods that you will want to keep for a longer period of time.
Posted on 24 October 2009 | Love 0 loves Report

Post an answer

Something you're dying to ask... or answer?

Get started now

Sign in for a better Q&A

Registered already? Great! You can just sign in to ask and answer questions.

W3C Thank you for using The Four Horsemen of the Apocalypse